Austrac says it suspects Afterpay breached anti-money laundering and counter-terrorism financing laws
Last week Australia’s financial watchdog, Austrac, ordered the popular buy now, pay later company Afterpay to appoint an external auditor over concerns about the company’s compliance with anti-money laundering and terrorism-financing laws.
Stocks in the company have tumbled, and questions are being asked about the timing of the audit – announced only a day after the company raised more than $300m in a share offering on the Australian stock exchange.
My advice to my kids and anyone who’ll listen is this: do not buy a new apartment, especially if it is over three stories high, writes Philip Gall.
Kelly says the way police handled the investigation into her alleged assault “has been the most devastating part of it” after she was told her rape kit was destroyed and then never existed at all.
Children as young as 10 have been kept in adult maximum-security watch houses in Queensland and now we know one of the main reasons why.
The changing mix of Australian employment is leading to a skills shortage and is harming both businesses and job seekers alike, a new study warns.
Battleground states of Victoria and Queensland were biggest beneficiaries, receiving $422m and $331m respectively
The Coalition awarded almost $1.4bn in grants through its regional development program in the lead-up to the election, with about half of the funding not subject to a competitive tender process.
The spending included grants made through the Stronger Communities program, a political slush fund that gives every lower-house MP $150,000 to spend on small community projects costing between $1,500 and $20,000. Almost $100m has been paid out under the scheme since it was first announced in the 2015 budget.
If footballers can claim sports equipment, why can’t flight attendants claim make-up? Some advocates argue structural inequalities put women at a disadvantage when it comes to paying tax.
The buzz of drones will be the focus of a new government review, and it could mean headaches for pioneering Google-linked drone delivery.
There are differences between the male and female heart, which may explain conflicting symptoms when it comes to heart disease, research shows.
Zixi Wang, 29, arrested north of Wollongong after woman dies after fall from Zetland apartment complex
Police have arrested a woman near rugged coastline south of Sydney after another woman plunged to her death from an inner city unit block.
The 23-year-old was discovered with critical injuries on a footpath at the back of the 11-storey complex on Rose Valley Way in Zetland about 8.45pm on Monday. Emergency services were called but she could not be revived.